If you closely follow the daily financial news
as presented by the mainstream media, it is easy to become jaded and start believing that there isn't any good news out there. Don't be confused by the noise. There are still many great companies committed to generating superior returns and rewarding their shareholder by increasing cash dividends.
Below are several companies that have recently raised their cash dividends:
Cincinnati Financial (CINF) markets primarily property and casualty coverage. It also conducts life insurance and asset management operations. August 16, 2010 the company increased its quarterly dividend to $0.40/share. The dividend is payable October 15, 2010, to shareholders of record as of September 22, 2010. CINF is a Dividend Aristocrat and has raised its dividend for 50 consecutive years. The yield based on the new payout is 5.85%.
Autoliv (ALV) develops, manufactures and supplies automotive safety systems to the automotive industry; and designs, develops and manufactures airbag modules. August 17th the company raised its quarterly dividend 16.7% to $0.35/share. The dividend is payable on Thursday, December 9, 2010 to shareholders of record on the close of business on Thursday, November 4, 2010. The ex-dividend will be Tuesday November 2, 2010. The yield based on the new payout is 2.48%.
Nordson (NDSN) manufactures equipment used for precision dispensing, testing and inspection, and surface preparation and curing. August 17th the company increased its quarterly dividend to $0.21/share. The dividend is payable on Sept. 14 to shareholders of record on Aug. 31. The ex-dividend date is Aug. 27. NDSN is a Dividend Achiever and has raised its dividend for 47 consecutive years. The yield based on the new payout is 1.27%.
TrustCo Bank (TRST) operates 132 community banking offices and 134 ATMs throughout its market area.